Check out some of the companies making the biggest midday moves: Booz Allen Hamilton — The consulting firm shed more than 5% after the Treasury Department said it canceled all contracts with the company , whose employees leaked the tax records of President Donald Trump, and the billionaires Jeff Bezos and Elon Musk, to media outlets. The Treasury said it has 31 separate contracts with Booz Allen Hamilton, totaling $4.8 million in annual spending and $21 million in total obligations. GameStop — Michael Burry, the investor made famous by his bet against the U.S. housing market ahead of the financial crisis, disclosed that he has been buying shares of one-time meme darling, driving up the video game retailer by almost 7%. In a Substack post , Burry said he wasn’t counting on a short squeeze to “realize long-term value.” USA Rare Earth — The rare earths miner climbed 15% after the Trump administration took a stake. The company will issue 16.1 million shares of common stock and 17.6 million warrants. Sarepta Therapeutics — The biotech stock soared 10% after a three-year study of Elevidys showed “clinically meaningful and durable efficacy across all key motor function measures.” All the patients, who have Duchenne muscular dystrophy, were able to walk, while the control group showed expected declines in function. Bank of Hawaii — The Honolulu-based regional bank moved rose nearly 3% after posting fourth-quarter earnings of $1.39 per share, topping the FactSet consensus estimate of $1.26 a share. Bank of Hawaii’s net interest income of $145.4 million also beat the $141.9 million expected by analysts. CVR Energy — The Texas-based refiner and marketer slumped 8% after reporting preliminary fourth-quarter adjusted EBITDA of $78-102 million against analysts’ consensus $96.5 million, according to FactSet data. Allied Gold — The gold miner climbed more than 4% after agreeing to be acquired by Hong Kong-based Zijin Gold for C$5.5 billion in cash. The deal is expected to close by late April. Newmont — Shares climbed more than 3% as gold prices moved to new records. The precious metal on Monday climbed above $5,100 for the first time. Hecla Mining — Shares rose more than 5.5% after the company said it produced 17 million ounces of silver in 2025, the top end of guidance. Gold production beat guidance. AppLovin — The mobile advertising company rose more than 3% after an upgrade from Needham. The firm moved its rating of AppLovin to buy from hold. Needham’s $700 price target suggests 25% upside from Friday’s close. Cisco Systems — The networking equipment maker added more than 2% following an upgrade from Evercore ISI . The investment bank lifted its rating to outperform from in line and raised its price target to $100 from $80. Evercore said Cisco has “plenty of tailwinds” to ensure it can sustain high single-digit sales and earnings per share growth in the low teens on a multi-year basis. Revolution Medicines — The biotech company’s slid more than 16% after the Wall Street Journal said Merck was no longer in talks to acquire it. According to unnamed people familiar with the talks, the companies couldn’t agree on a price for the deal that originally would have valued Revolution at $30 billion, the report said. Merck fell 0.5%. IonQ , SkyWater Technology — The quantum computing company fell 3% after agreeing to buy SkyWater Technology for about $1.8 billion. The deal is expected to close in the second or third quarter of 2026. IonQ added it expects to report 2025 revenue at the high end of its prior guidance. SkyWater Technology climbed 6%. CoreWeave , Nvidia — The AI cloud stock rose 9% after Nvidia agreed to invest another $2 billion in the company, expanding their partnership. The investment will go toward accelerating “the buildout of more than 5 gigawatts of AI factories by 2030 to advance AI adoption at global scale,” the companies said in a release. Nvidia slipped 0.6%. Lands’ End – The outdoor apparel retailer soared 40% after forming a joint venture with WHP Global. Lands’ End will contribute its intellectual property and other brand assets to the joint venture, while WHP Global will pay the company $300 million in cash for a 50% controlling ownership stake. Baker Hughes – The oilfield services company rose 3% after fourth-quarter results topped Wall Street estimates. Adjusted earnings of 78 cents per share on revenue of $7.39 billion compared to the FactSet consensus call of 67 cents per share on $7.07 billion. Baker Hughes also forecast 2026 revenue of $26.2 billion to $28.3 billion, compared to the consensus call for $27.86 billion. — CNBC’s Darla Mercado, Yun Li, Fred Imbert, Christina Cheddar-Berk, Michelle Fox, Sarah Min and Davis Giangiulio contributed reporting.
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Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
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